Victorian broker Kang Cun Zhuang has been barred from providing financial services due to fraud and dishonesty convictions under his former name of Allan Soo.

The Hawthorn-based broker was also known as Chee Hau Soh, Chee Qian Soo, Allan Soo and Jason Soo.

In 2002 he acted as an insurance agent and authorised representative of American International Assurance under the name Jason Soo and failed to disclose his previous criminal convictions. He had been convicted the year before under the name Allan Soo on a number of counts of dishonestly obtaining a financial advantage, or property, by deception. He was sentenced to eight months imprisonment to be served by way of an intensive correction order.

The crimes largely involved making fraudulent credit card applications using the details of victims who subsequently incurred a loss.

He was sentenced to six months’ jail, suspended for 18 months, and ordered to pay $11,906 in compensation to the victims.

The Australian Securities and Investments Commission (ASIC) has also barred Michael Anthony Henchy, previously of Canberra and now of Adelaide, from providing financial services for four years. He ran an insurance consultancy business, Sterling Agencies, in Canberra.

Between 2000 and 2002 Sterling Agencies failed to remit to insurers $65,435 in workers’ compensation premiums that had been paid by six clients.

ASIC found he used the money, in part, to support the operations of Sterling Agencies. It also found he is an undischarged bankrupt.